6 months COVID-19 moratorium SC said no merit in charging interest on interest to RBI and Centre

The Supreme Court on Wednesday said there is “no merit in charging interest on interest” for deferred loan payment instalments during the moratorium period announced in wake of the coronavirus (Covid-19) pandemic.   The apex court also asked the Central government to step up and take a stand over the issue related to charging interest … Continue reading 6 months COVID-19 moratorium SC said no merit in charging interest on interest to RBI and Centre